Polypropylene Compound Market Report : Trends, Forecast and Competitive Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by End Use Automotive, appliances, consumer electronics, packaging, industrial, and others Market Segments by Polymer Type Homo polymers, random copolymers, and impact copolymers Market Segments by Filler Type Mineral filled, glass reinforced, compounded TPO/TPVs, and others Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name LyondellBasell, Mitsui Chemicals, Borealis, Spartech, Washington Penn, Kingfa, Sparsh Polychem, Ravago, Sumitomo Chemical, and SABIC and others Trend Growth Rate and CAGR3.7% Key Industry Forecast The global polypropylene compound market is expected to reach an estimated $11.7 billion by 2023 with a CAGR of 3.7% from 2018 to 2023 Key Industry Driver Driver: Growth in demand for light weight vehicles, and increasing demand for PP compound in appliances and consumer electronics industries. 2

Industry Overview Market Size The global polypropylene compound market is expected to reach an estimated $11.7 billion by 2023 with a CAGR of 3.7% from 2018 to An emerging trend, which has a direct impact on the dynamics of the polypropylene compound industry, include development of eco-friendly polypropylene compounds. Market Size (2023)$11.7 billion CAGR ( )3.7% 3 Industry Performance : Forecast